This is really a joke. You want to buy something that is worth like RM26 Billion, but cannot afford to fork out a measly RM50 million??? Its like you walk into a BMW car dealer, all suit up. You said that you want to buy a BMW7 series, then when ahead to test drive the car, promised to the smiling sales person that you going to buy it and but cannot come out with a down-payment.

Jelas Fails to Place Deposit for PLUS Takeover Offer

By Chan Tien Hin and Chong Pooi Koon - Jan 10, 2011 6:38 PM GMT+0800

Jelas Ulung Sdn., which made a 26 billion ringgit ($8.4 billion) takeover offer for PLUS Expressways Bhd. on Dec. 20, said it today failed to meet a deadline to place an initial 50 million-ringgit deposit requested by the Malaysian toll-road operator.

Tomorrow bound to be a bloody day for PLUS share and warrant holders, since JELAS is the one who offered the highest bid for PLUS.